NOT LISTED FOR SALE

401 E Innes St Salisbury, NC 28144

Salisbury Area

Estimated Value: $260,770

0.32 Acre
$814,906 Price per Acre
13,939 Sq Ft Lot

Sale Details

Date Sold: September 19, 2023

Last sale price $230,000

Est. 13% increase in value since last sale

Current estimated payment $1,684 / mo

627 Days on Market

Highlights

  • Fitness Center
  • Corner Lot
  • Tennis Courts
  • City View
  • No HOA
  • Security Service

About This Lot

As of September 2023

Awesome CORNER commercial lot ** PERFECT FOR A DRIVE THRU ** Ready for Development l---> Zoned CMX or Corridor Mixed Use which allows many uses Going East its only .4 mile to I-85 with some interstate visibility [``` Gigantic names nearby Chic Filet & Starbucks, McDonalds, Burger King, Waffle House, Wendy's ```] ---> ADT counts ~30,000 City of Salisbury has also recently improved: streets sidewalks, bike lanes, improved street lighting, improved cross walks with (faux brick) directly adjacent to this lot. 2 curb cuts in place & large grandfathered custom sign in place. CMX Permitted Uses Include: Residential, Offices, Retail, Resturant, Entertainment, Amusements, Recreation, laundry services, mini warehouse, civic, parking, see table of uses for more details

Last Agent to Sell the Property

Keith Knight

Wallace Realty Brokerage Email: keitheknight@gmail.com License #200248 Listed on: 11/11/2021

Last Buyer's Agent

Keith Knight

Wallace Realty Brokerage Email: keitheknight@gmail.com License #200248 Listed on: 11/11/2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 70'x200'
  • Property fronts a highway
  • Corner Lot
  • Cleared Lot
  • Possible uses of the property include Commercial, Residential
  • Property is zoned CMX

Property Views

  • City Views

Home Design

  • Slab Foundation

Utilities

  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010367

Community Details

Recreation

  • Tennis Courts
  • Fitness Center
  • Dog Park
  • Trails

Additional Features

  • No Home Owners Association
  • Security Service

Property Details

Property Type

Land

Lot Details

0.32 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: 4 Lane Highway, City Street, Interstate 1 mile or Less, State Highway, US Highway
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: keitheknight@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Possible Use: Commercial, Residential

Exterior Features

  • View: City
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Security: Security Service
  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Dog Park, Fitness Center, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 010367
  • Zoning: CMX
  • Cleared Acres: 0.32
  • Lot Size Acres: 0.32
  • Lot Size: 70'x200'
  • Lot Size Sq Ft: 13939
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CMX

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Sep 5, 2023
Sold by
J E M Farms Llc
Bought by
Seller's Agent
Keith Knight
Wallace Realty
Buyer's Agent
Keith Knight
Wallace Realty
List Price
$299,777
Sold Price
$230,000
Premium/Discount to List
-$69,777
-23.28%
Views
297
Current Estimated Value
$260,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,770
Avg. Annual Appreciation
4.27%
Original Mortgage
$172,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2015
Sold by
Rowland Properties Inc
Bought by
J E M Farms Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salisbury, NC

  • Andrea Jones Real Estate Agent - Lifestyle International Realty

    Andrea Jones

    Lifestyle International Realty

    (704) 368-3894

    32 Total Sales

    1 in Salisbury

    $350,000 Price

    Andrea Jones
     Section Image
  • Carlos Garcia Real Estate Agent - Coldwell Banker Realty

    Carlos Garcia

    Coldwell Banker Realty

    (980) 223-4202

    141 Total Sales

    2 in Salisbury

    $80K - $185K Price Range

    Carlos Garcia
     Section Image
  • Josh Ritchie Real Estate Agent - RE/MAX Legendary

    Josh Ritchie

    RE/MAX Legendary

    (828) 392-1709

    175 Total Sales

    1 in Salisbury

    $115,000 Price

    Josh Ritchie
     Section Image
  • Octavia Arthur Real Estate Agent - Arthur Realty LLC

    Octavia Arthur

    Arthur Realty LLC

    (980) 983-7322

    68 Total Sales

    3 in Salisbury

    $305K - $450K Price Range

    Octavia Arthur
     Section Image
  • Wendell Rummage Real Estate Agent - Lantern Realty & Development, LLC

    Wendell Rummage

    Lantern Realty & Development, LLC

    (980) 268-2246

    105 Total Sales

    4 in Salisbury

    $192K - $350K Price Range

    Wendell Rummage
     Section Image
  • Rodney Green Real Estate Agent - Coldwell Banker- CK Select

    Rodney Green

    Coldwell Banker- CK Select

    (980) 255-5281

    96 Total Sales

    2 in Salisbury

    $270K - $360K Price Range

    Rodney Green
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 None Listed On Document
J E M Farms Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Closed -- $172,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $230,000 -23.3% --
07/31/2023 07/31/23 Pending -- -- --
11/11/2021 11/11/21 For Sale $299,777 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,862 $239,295 $239,295 $0
2025 $2,862 $239,295 $239,295 $0
2024 $2,862 $239,295 $239,295 $0
2023 $2,862 $239,295 $239,295 $0
2022 $2,417 $175,483 $175,483 $0
2021 $2,417 $175,483 $175,483 $0
2020 $2,417 $175,483 $175,483 $0
2019 $2,417 $175,483 $175,483 $0
2018 $2,384 $175,483 $175,483 $0
2017 $2,372 $175,483 $175,483 $0
2016 $4,268 $324,702 $175,483 $149,219
2015 $4,294 $324,702 $175,483 $149,219
2014 $4,639 $354,985 $186,984 $168,001
Source: Public Records

Agents Affiliated with this Home

  • Keith Knight Real Estate Agent - Wallace Realty

    Seller's Agent in 2023

    Keith Knight

    Wallace Realty

    (704) 363-0096

    196 Total Sales

    Keith Knight
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Map

Source: Canopy MLS

MLS Number: 3805364

Canopy MLS

APN: 010-367

North Carolina Rowan County Salisbury 28144

401 E Innes St, Salisbury, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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